The Journal of Real Estate Finance and Economics

The Journal of Real Estate Finance and Economics OnlineFirst articles

02-03-2021

REIT Operational Efficiency: External Advisement and Management

This paper examines the operational efficiency of equity Real Estate Investment Trusts (REITs) with respect to external advisement and management. We employ data envelopment analysis (DEA), a non-parametric statistical procedure that tests whether …

23-02-2021

When Appraisers Go Low, Contracts Go Lower: The Impact of Expert Opinions on Transaction Prices

Using home purchase loan application data, we study buyer responses to the uncommon occurrence of the appraised value coming in below the contract price (i.e. a low appraisal), which sharply raises the probability of downward price renegotiation.

12-02-2021 Open Access

Sex and Selling: Agent Gender and Power in the Resale Housing Market

This paper uses a search model with Nash bargaining to identify various channels through which agent gender affects selling price and selling time in the resale market for houses. The theory is used in conjunction with the empirical model to infer …

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05-02-2021

Customer Concentration and Corporate Real Estate Holdings

We present new empirical evidence that higher customer concentration leads to lower corporate real estate holdings at the supplier firm level. Further evidence shows that this effect is causal and more pronounced when the likelihood/impact of …

03-02-2021

How Much Are Borrowers Willing to Pay to Remove Uncertainty Surrounding Mortgage Defaults?

Using a large, non-student sample, we assess and differentiate between borrowers’ Risk Aversion and Ambiguity Aversion levels and their willingness to pay to resolve a mortgage default settlement negotiation. Ambiguity Aversion is found to be …

Additional information

Title

The Journal of Real Estate Finance and Economics

Publisher

Springer US

Coverage

Volume 14/1997 - Volume 62/2021

Print ISSN

0895-5638

Electronic ISSN

1573-045X

DOI

https://doi.org/10.1007/11146.1573-045X

Journal ID

11146